Business

Business, 17.10.2019 00:30, xocupcake309174

A. (20 points) - memorandum to the board of directors (1 page). b. (20 points) - asset acquisition balance sheet (date of acquisition). a. goodwill calculation b. journal entry c. schedule showing the impact of the journal entry on paddle-up inc.’s balance sheet to arrive at the post-asset acquisition balance sheet. c. (30 points) - stock acquisition balance sheet (date of acquisition). a. acquisition journal entry b. workpaper entries in journal entry form c. workpaper d. (30 points) - stock acquisition 3-section workpaper as of 12/31/18 (complete equity method). a. acquisition journal entry b. workpaper entries in journal entry form c. workpaper

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Business, 18.08.2019 00:10, Amyjoe23

King's road recently acquired all of oxford corporation's stock and is now consolidating the financial data of this new subsidiary. king's road paid a total of $940,000 for oxford, which has the following accounts: fair value tax basisaccounts receivable $ 112,000 $ 112,000 inventory 209,000 209,000 land 108,000 108,000 buildings 208,500 155,000 equipment 293,750 232,000 liabilities (243,000 ) (243,000 )a.what amount of deferred tax liability arises in the acquisition? b.hat amounts will be used to consolidate oxford with king's road at the date of acquisition? c.on a consolidated balance sheet prepared immediately after this takeover, how much goodwill should king's road recognize? assume a 30 percent effective tax rate.a.what amount of deferred tax liability arises in the acquisition? deferred tax liability b.what amounts will be used to consolidate oxford with king's road at the date of acquisition? (credit balances should be indicated with minus sign.)assigned to specific accounts acquisition considerationc.on a consolidated balance sheet prepared immediately after this takeover, how much goodwill should king's road recognize? assume a 40 percent effective tax rate.

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Business, 23.09.2019 10:00, ckenyewildon

Macheath inc. bought 60% of the outstanding common stock of nomes inc. in an acquisition business combination that resulted in the recognition of goodwill. nomes owned a piece of land that cost $250,000 but was worth $600,000 at the date of acquisition. what value would be attributed to this land in a consolidated balance sheet at the date of acquisition?

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Business, 26.09.2019 17:30, gsls6165

At the beginning of the year, parent company purchased all 500,000 shares of sub incorporated for $15 per share. just before the acquisition date, sub’s balance sheet reported net assets of $6 million. parent determined the fair value of sub’s property and equipment was $1 million higher than reported by sub. what amount of goodwill should parent report as a result of its acquisition of a sub?

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Business, 16.10.2019 21:30, jessicamendozacelis2

Tanner company, a subsidiary acquired for cash, owned equipment with a fair value higher than the book value as of the date of combination. a consolidated balance sheet prepared immediately after the acquisition would include this difference in: (points : 1) a. goodwill. b. retained earnings. c. deferred charges. d. equipment.

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A. (20 points) - memorandum to the board of directors (1 page). b. (20 points) - asset acquisition b...

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